tag:blogger.com,1999:blog-26706564.post2544363895379140461..comments2024-03-25T07:51:47.758-04:00Comments on Thoughts On Economics: Kalecki And Sraffa: Compatible?Robert Vienneauhttp://www.blogger.com/profile/14748118392842775431noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-26706564.post-74074703151215092252013-05-31T07:07:09.608-04:002013-05-31T07:07:09.608-04:00Thanks for the suggestions. "Lord Keynes"...Thanks for the suggestions. "Lord Keynes" <a href="http://socialdemocracy21stcentury.blogspot.com/2013/05/interview-with-ha-joon-chang.html?showComment=1369761326139#c5674088691208251318" rel="nofollow">recommends</a>, rightly, a chapter in J. E. King's <i>History of Post Keynesian Economics since 1936</i>, a good reference. And another commentator recommends Fred Lee's work, where I too have read about markup pricing. I wonder if one wants to consider the markup on raw material costs, as well as wages, if it would be good to consider how to modify the Bidard and Erreygers corn-guano model, which has other controversies of its own.<br /><br /> Robert Vienneauhttps://www.blogger.com/profile/00872510108133281526noreply@blogger.comtag:blogger.com,1999:blog-26706564.post-69537388840805695912013-05-28T23:04:22.639-04:002013-05-28T23:04:22.639-04:00Thanks Matías. Do you know the exact title?Thanks Matías. Do you know the exact title?Magpiehttps://www.blogger.com/profile/07528637318288802178noreply@blogger.comtag:blogger.com,1999:blog-26706564.post-34074468951313314482013-05-28T15:47:20.980-04:002013-05-28T15:47:20.980-04:00Ed Nell has a short paper on the topic in Mario Se...Ed Nell has a short paper on the topic in Mario Sebastiani's "Kalecki's Relevance Today" published in 1989.Matias Vernengohttps://www.blogger.com/profile/09521604894748538215noreply@blogger.comtag:blogger.com,1999:blog-26706564.post-92232972858944308212013-05-28T03:15:17.680-04:002013-05-28T03:15:17.680-04:00Hi Robert,
Great topic. Maybe you should investig...Hi Robert,<br /><br />Great topic. Maybe you should investigate this subject of a possible compatibility of Kalecki's approach to that of a Sraffian tradition.<br /><br />Some months ago, in the comments section of Heteconomist, PeterC and I also discussed Kalecki's approach from a free market perspective (with competitive markets: no entry restrictions), in order to show that Kalecki's views are not incompatible with that situation, provided one considers profits are generated through Marx's exploitation mechanism, and not as an arbitrary markup. <br /><br />We discuss a real-life situation.<br /><br />The discussion is entirely "literary" and maybe you'll find my contribution a bit of a bore or amateurish.<br /><br />In any case, for your amazement or amusement, I give you:<br /><br />Wages, Materials, and the Markup<br />http://heteconomist.com/wages-materials-and-the-markup/<br /><br />See the comments section.<br /><br />If you have comments, please feel free (as I suspect Peter is too much of a gentle soul to provide criticism :-)).<br /><br />I'm planning to elaborate that discussion further, although at the moment I'm busy studying the neoclassical theory of the firm and costs and its history.Magpiehttps://www.blogger.com/profile/07528637318288802178noreply@blogger.com